An environmental-impact analysis of a proposed 10-mile Charlotte streetcar line is available for the public to review, the city said today. The line, which would connect the city’s east and west sides, would have 37 stops and run from the Rosa ...Read More »
Construction and Real Estate
Last month, the Charlotte City Council approved a new policy designed to spread subsidized, affordable housing throughout the city. Months in the making, the policy is supposed to ensure that affordable housing in not clustered in certain areas. But not ...Read More »
North Carolina home prices fell 2 percent in February from a year ago, according to Santa Ana, Calif.-based CoreLogic. The figure includes distressed sales. Prices for nondistressed sales rose 1.5 percent in the state. National home prices, including distressed sales, ...
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Gladstone Commercial Corp. today said it has bought a 60,000-square-foot office building in Hickory for $10.7 million. A press release from the McLean, Va.-based company did not list the property’s location. The building has a tenant with nine years remaining on its lease ...
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A group of Charlotte residents has asked Charlotte City Council members to do something about the foreclosure crisis’ impact on the Queen City. The group, Helping Empower Local People, told the council that there isn’t enough enforcement to ensure that ...Read More »
Sen. Malcolm Graham says he wants the “five-points” intersection near Johnson C. Smith University to become the “Trade and Tryon” of the city’s northwest corridor. Graham, of Charlotte, who also is the chairman of the Beatties Ford Road Task Force, ...Read More »
The Charlotte Planning Commission plans to file a zoning amendment that would restrict the height of new residential projects to make them compatible with the heights of existing homes. A City Council public hearing on the amendment is set for ...
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Contractors throughout the Carolinas are concerned about increases in construction costs, despite a relatively stable construction market, the Charlotte-based Carolinas Associated General Contractors said today. In its latest “Barometer” report, Carolinas AGC said that while some areas of construction — such as public ...
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Charlotte-based Forsite Development said today that it now has financing partners for a proposed plant that would burn Mecklenburg County’s garbage and convert it to energy as part of the ReVenture Park development. ReCommunity, Pegasus Capital Advisors and Hannon Armstrong Securities ...Read More »